Billionaire and Tron (TRX) founder Justin Sun withdrew tens of millions of dollars worth of digital assets from cryptocurrency exchange Binance last month, according to on-chain data.
Lookonchain, a blockchain tracking company, reports that between December 18 and January 21, Sun traded $43 million worth of Ethereum (ETH), $6.7 million worth of Aave (Aave), and $6.3 million worth of Shiba Inu (SHIB). It said it had withdrawn several altcoins from Binance, including . .
“As of December 18, 2023, Justin Sun has withdrawn $60 million (crypto value) in assets from Binance.
include:
17,433 ETH ($43 million)
68,999 AAVE ($6.7 million)
SHIB 656.4 billion (USD 6.3 million)
61,249 links ($957,000)
27.16 billion FLOKI ($885,000)
1.7 million MANA ($826,000)
100,100 bands ($168,000).”
The Sun was spotted earlier this month by Lookonchain amassing massive amounts of Ethereum from Binance and other whales supposedly putting more coins into cold storage.
Lookonchain also found a very profitable trader depositing over $730,000 worth of Oracle Project UMA (UMA) on Binance following the recent rally.
“UMA price went up 90% today!
After the price increase, the smart trader deposited 190,169 UMA ($730,859) into Binance.
He has traded UMA four times since November 11, 2022, buying low and selling at the highest price each time, with profits of up to $500,000 and a 100% win rate.
As of this writing, UMA is trading at $5.29, up 5.53% in the last 24 hours.
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